SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana…
McDermott has been awarded an engineering, procurement, removal and disposal (EPRD) contract by Santos for the decommissioning of the Harriet Alpha platform and associated infrastructure, located offshore Western Australia.The contract, valued between $50 million and $250 million…
Energy industry services firm EnerMech has won a multi-million-dollar contract to become the preferred provider of Flexible Hose Assembly (FHA) and Small Bore Tubing (SMT) management services for a major E&P organization’s UK assets. The minimum five-year agreement focuses on the management…
Ocean energy company Global OTEC unveiled the OTEC Power Module concept, a system that employs ocean thermal energy conversion (OTEC) technology to provide clean power for remote offshore platforms and wells.Designed as an alternative to traditional long subsea tiebacks…
Beam, a provider of high-technology offshore wind services, has unveiled Scout, an autonomous underwater vehicle (AUV) driven by artificial intelligence (AI).Scout, a concept expected to enter the market in 2025, will put the power of subsea inspection directly in the hands of wind farm operators…
Seabed intervention specialist Deep C has delivered a specialized lifting equipment to a Norwegian customer on a recent decommissioning project.The equipment, designed to comply with NORSOK R-002 standards, incorporates a double-barrier safety feature…
Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, has secured investment of $12.1 million to accelerate the development of its floating wind technology.The funding round for Gazelle Wind Power was led by Indico Capital Partners…
Well engineering specialist Elemental Energies and drilling and well services company Archer have entered into joint venture (JV) agreement to deliver integrated plugging and abandonment (P&A) services to global decommissioning projects.The…
Bourbon Logistics has secured a new fully integrated logistics contract by an unnamed oil and gas major to support its exploration campaign and the drilling of its first well in the waters of southern Namibia.The campaign, estimated to last about six months…
Oslo-listed oil and gas company Panoro Energy has signed a Production Sharing Contract (PSC) with the Government of Equatorial Guinea for offshore Block EG-23.Panoro now holds an 80% participating interest and operatorship of Block EG-23, and…
Malicious cyber activity in the first six months in the maritime sector increased significantly compared to the previous year, highlighting the importance of introducing proactive security measures to stay ahead of ever evolving tactics of cyber criminals…
Global energy technology company SLB has launched Stream high-speed intelligent telemetry, which is said to increase drilling confidence and performance for complex wells.Designed to overcome the bottlenecks and limitations of conventional mud pulse telemetry…
Norway has reached a deal with seven private owners for a government takeover of much of the country's extensive gas pipeline network, the Norwegian energy ministry said on Tuesday.Norway in 2023 announced plans to nationalise most of its vast gas pipeline network…
Mooreast Holdings has secured a new order valued at $6.7 million for a multi-buoy mooring upgrade project off the eastern shore of the Gulf of Thailand.The SGX-listed total mooring solutions specialist, and Asia’s only ultra-high power anchor manufacturer…
Norwegian offshore vessel operator DOF Group has won a contract for IMR vessel and associated subsea services in the Asia Pacific region.The contract will utilize one of DOF’s project vessels in the region and includes project management, engineering…